Gwyneth Paltrow and friends selling off unwanted clothes for charity

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GWYNETH PALTROW is hoping to raise a small fortune for one of her favorite causes by selling off her old clothes online.

The newly-single actress has announced plans for her annual Super-Classy Yard Sale on her lifestyle website Goop.com, and this year (14), many of her famous friends are helping her make the event a big hit.

Announcing the 2014 yard sale, Paltrow writes, "Last year, we did a big story on closet organization, and in the process, sold a handful of pieces on behalf of three charities. It was such a success that we decided to do it again, and enlisted some friends-of-Goop, who have particularly outstanding personal style, to help this year."

She adds, "100 percent of the profits benefit DonorsChoose, a charity where public school teachers can ask directly for help fulfilling specific classroom needs."

The big sale is proving to be a huge success - Goop.com crashed on Thursday morning (01May14) as fans tried to get their hands on the stars' gear.

Copyright 2014 World Entertainment News Network. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.